The recession officially ended in mid-2009, but the more than 300 senior finance executives polled in Treasury & Risk's 2012 Economic Survey remain wary about the U.S. economy and even more cautious about global growth. The average confidence reading on the U.S. economy over the next six months was almost a point higher than that on the global economy. While 32% cite unemployment as the biggest threat, 27% see Europe's debt crisis as the big danger. Meanwhile, 60% expect Greece to default, and 38% say countries will exit the euro within six months. However, 49% expect their companies to move forward in 2012 despite the crisis.
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